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China's voracious packaging appetite

To be sure, an alarming number of American manufacturing jobs have gone to plants in China and other offshore locations. Lots of people are wringing their hands over this and, in the case of politicians, trying to develop plans to counter it.

At the same time, we see a major shift in the supply-demand issue as it relates to materials, including those used in packaging. Here, too, the appetite that China’s factories have for raw materials is outstripping the growing capacity to supply them. And this pressure is translating directly into sharply increased prices for everything from scrap metal to corrugated boxes.

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